Active ID: 110723260 Centro Tradicional

Flat / apartment for sale in Centro Tradicional

3 Bed • 2 Bath • 140 m² • Floor 5

€390,000

AI Analyst
Long-term Rental

"Spacious 140 m² apartment in Alicante’s Centro Tradicional offers rare luminosity, flexible 3-4 bedroom layout, and prime city-center access—ideal for tenants seeking urban Mediterranean living with views and optional double garage."

Negotiation Leverage Balanced
Value Add Restore fourth bedroom to maximize rental yield; modernize kitchen and bathrooms for premium positioning.
Pros
  • Prime city-center location with strong tenant demand
  • Large, flexible floor plan with potential for 4 bedrooms
  • Abundant natural light and attractive views
Cons
  • Rental yield (~5.6% gross) is moderate for the price point
  • Potential need for interior modernization to achieve top rents
  • Garage sold separately, adding to acquisition cost if needed
Description

Living in the city center is feeling Alicante every day: strolling among shops and cafes, having everything at hand, and enjoying the Mediterranean atmosphere at any time. This apartment combines that lifestyle with something hard to find: generous space and extraordinary luminosity. The home offers 140 m2 with a comfortable and functional layout. Originally with 4 bedrooms, it currently has 3 after joining two of them to create a larger and more versatile master suite, easily reversible if you wish to restore the original layout. It has 2 bathrooms, a kitchen with a pantry, a utility room, and a glazed terrace perfect for enjoying the light all year round. The living-dining room is especially spacious, with both areas well-defined, though connected in the same space, creating a cozy and versatile atmosphere for both daily life and receiving guests. From the apartment, you can see Santa Bárbara Castle and the Church of Our Lady of Grace, and natural light accompanies every room for a large part of the day. Possibility of acquiring a double garage space in the same building. If you are looking for a home with presence, spaciousness, and a privileged location, this apartment is worth a visit. Contact us and come discover it.

Features
Elevator
Terrace/Balcony
Air Conditioning
Parking
Exterior
Fitted Wardrobes
Investment Summary
Purchase Price €390,000
Taxes (ITP 10%) + €39,000
Notary Fees + €3,276
Registry Fees + €1,248
Gestoría Fees + €1,170
Valuation + Other + €339

Total Investment €435,033
Est. Monthly Rent €1,813/mo
Est. Annual Rent €21,759/yr

Est. Yield 5.0%
Days on Market
6
First seen
2026-02-25
View on Idealista